The Competition Bureau is investigating the Canadian Real Estate Association over possible anti-competitive practices, specifically regarding commission rules and market competition.
The bureau aims to determine if CREA's policies hinder realtors from offering lower commission rates and if they create an unfair advantage for larger brokerages.
CREA's ownership of key trademarks and operations, including realtor.ca and MLS systems, raises concerns about restricting competition in real estate listings and services.
The inquiry, initiated in June, suggests that CREA may be engaging in practices that impede fair competition among real estate agents, but it has not yet determined wrongdoing.
#competition-bureau #canadian-real-estate-association #anti-competitive-conduct #real-estate-market #commission-rates
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